Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Kuwait - 2022
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Kuwait (CIF) - 2022
- Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Kuwait (FOB) - 2022
- Imports of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Kuwait
- Exports of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Kuwait
Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Kuwait (CIF) - 2022
In 2022, the average import price for medium density fibreboard (MDF) of thickness from 5 to 9 mm amounted to $441 per ton, picking up by 6% against the previous year. In general, the import price, however, recorded a mild slump. The most prominent rate of growth was recorded in 2013 an increase of 8.9%. Over the period under review, average import prices reached the peak figure at $645 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($319,953 per ton), while the price for Malaysia ($111,338 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+2.1%), while the prices for the other major suppliers experienced a decline.
Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Kuwait (FOB) - 2022
In 2022, the average export price for medium density fibreboard (MDF) of thickness from 5 to 9 mm amounted to $2,093 per ton, with a decrease of -23.7% against the previous year. Overall, the export price, however, recorded resilient growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 133% against the previous year. The export price peaked at $2,741 per ton in 2021, and then dropped dramatically in the following year.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +20.8% per year.
Imports of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Kuwait
In 2022, overseas purchases of medium density fibreboard (MDF) of thickness from 5 to 9 mm decreased by -5.8% to 17K tons, falling for the second year in a row after two years of growth. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +13.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -10.9% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 62% against the previous year. As a result, imports reached the peak of 19K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of medium density fibreboard (MDF) of thickness from 5 to 9 mm reduced to $7.5M in 2022. The total import value increased at an average annual rate of +11.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 39% against the previous year. As a result, imports attained the peak of $7.5M; afterwards, it flattened through to 2022.
| Import of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 2,662 | 3,974 | 6,203 | 5,822 | 29.8% |
| China | 497 | 606 | 770 | 806 | 17.5% |
| India | 38.2 | 206 | 214 | 194 | 71.9% |
| Belgium | 428 | 255 | 157 | 185 | -24.4% |
| Germany | 322 | 284 | 247 | 183 | -17.2% |
| Vietnam | 120 | 248 | 292 | 149 | 7.5% |
| Malaysia | 921 | 1,040 | 74.4 | 143 | -46.3% |
| Others | 414 | 900 | -454.4 | 10.7 | -70.4% |
| Total | 5,403 | 7,512 | 7,503 | 7,493 | 11.5% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm to Kuwait in 2022:
Exports of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Kuwait
In 2022, the amount of medium density fibreboard (MDF) of thickness from 5 to 9 mm exported from Kuwait shrank dramatically to 851 kg, falling by -24.8% compared with 2021. In general, exports recorded a dramatic curtailment. The smallest decline of -0.8% was in 2020.
In value terms, exports of medium density fibreboard (MDF) of thickness from 5 to 9 mm plummeted to $1.8K in 2022. Over the period under review, exports recorded a deep setback. The growth pace was the most rapid in 2020 with an increase of 131%. As a result, the exports attained the peak of $4.9K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 2.1 | 4.9 | 3.1 | 4.0 | 24.0% |
| Turkey | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | -2.2 | 0% |
| Total | 2.1 | 4.9 | 3.1 | 1.8 | -5.0% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm from Kuwait in 2022:
- United Arab Emirates (2.0 kg)
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